Goldman Sachs International Tax-Managed Equity Fund Institutional Class (GHTMX)
| Fund Assets | 882.39M |
| Expense Ratio | 0.91% |
| Min. Investment | $1,000,000 |
| Turnover | 191.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 1.76% |
| Dividend Growth | -2.64% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 15.24 |
| YTD Return | 23.42% |
| 1-Year Return | 20.91% |
| 5-Year Return | 81.14% |
| 52-Week Low | 12.07 |
| 52-Week High | 15.31 |
| Beta (5Y) | 0.82 |
| Holdings | 229 |
| Inception Date | Jan 31, 2008 |
About GHTMX
The Goldman Sachs International Tax-Managed Equity Fund Institutional Shares is a mutual fund designed to provide long-term after-tax growth of capital. Its primary objective is to deliver tax-efficient exposure to a broadly diversified portfolio of international equities, focusing on large- and mid-cap issuers across multiple countries and sectors outside the United States. The fund's management strategy balances traditional investment considerations with tax considerations, employing techniques such as offsetting capital gains with losses, managing portfolio turnover, and tax-lot selling to minimize taxable distributions. Its investments are primarily in equities, with fixed income holdings limited to cash equivalents. The fund tracks the MSCI EAFE Index as its benchmark, reflecting its emphasis on developed markets in Europe, Australasia, and the Far East. This structure is particularly relevant for investors seeking international diversification with an additional layer of tax sensitivity, though it is not intended for tax-exempt or tax-deferred accounts.
Performance
GHTMX had a total return of 20.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.01%.
Top 10 Holdings
17.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Nestle SA | NESN | 2.57% |
| AstraZeneca PLC | AZN | 2.26% |
| Novartis AG | NOVN | 2.11% |
| ASML Holding N.V. | ASML | 1.86% |
| C3.ai, Inc. | AI | 1.60% |
| Hitachi Ltd | 6501 | 1.56% |
| Safran SA | SAF | 1.52% |
| SAP SE | SAP | 1.47% |
| Munich Re - Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | MUV2 | 1.45% |
| UBS Group AG | UBSG | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.2688 | Dec 20, 2024 |
| Dec 20, 2023 | $0.2761 | Dec 21, 2023 |
| Dec 20, 2022 | $0.360 | Dec 21, 2022 |
| Dec 20, 2021 | $0.3699 | Dec 21, 2021 |
| Dec 18, 2020 | $0.163 | Dec 21, 2020 |
| Dec 20, 2019 | $0.2033 | Dec 23, 2019 |